Most Popular on AEIdeas

It seems reasonable to ask whether letting the bank die will make matters any better for those US exporters who live in a world in which, many, if not most, foreign competitors still live by the Groucho Marx maxim: “The secret of life is honesty and fair dealing. If you can fake that, you’ve got it made.”

The Air Force must select the best offer, but it won’t necessarily mean choosing the best design—which, in any case, will be tough to pick; this is more than rocket science, it’s even-more-challenging bomber science—or the lowest price. And the chances of the worst possible outcome—where the Air Force makes a fevered bomber decision thanks to external budget pressures—are not insignificant.

Eighty-two former government and military officials, as well as national security experts, sent an open letter to Congress on February 24 urging the leadership to end the draconian defense cuts mandated by the Budget Control Act.

Military research and development spending “ensures a technologically dominant military that underpins global economic stability, and as a positive byproduct provides the resources for commercial technology.

This AUMF allows President Obama to seem as if he is taking a strong stance against the organization, while enabling him to wash his hands of the situation once he’s settled in as an ex-president, potentially bemoaning his successor’s more militaristic ways.

The recent jihadist attacks in Paris, Sydney, and Ottawa remind us that the West is not immune to the threat of radical Islam. Violence that is inspired and even sponsored by al Qaeda and ISIS will continue to spread beyond the Middle East, spurred in part by the competition for leadership of the global jihad. How will the United States confront the surging threat from Islamist extremism and ensure the safety of the American people?

As the final quarter of the Obama administration begins, threats are growing worldwide. Yet the president’s focus remains the same from his first six years in office for the last two: on domestic issues.